Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. French sovereign bonds and stocks fell on Wednesday as concerns intensified among investors that a dispute over a belt-tightening draft budget could bring down Prime Minister Michel Barnier’s government. The sell-off pushed the gap between 10-year French
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israeli Prime Minister Benjamin Netanyahu has announced plans for a ceasefire with Hizbollah, raising hopes of an end to the year-long hostilities between Israeli forces and the Lebanese militant group. In a pre-recorded television address
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<img src=”https://public.flourish.studio/visualisation/20497288/thumbnail” width=”100%” alt=”chart visualization” /> Municipals improved, outperforming small losses in U.S. Treasuries Tuesday, while equities closed with the Dow and S&P 500 hitting records. The day’s moves followed the Federal Open Market Committee meeting minutes that signaled the Federal Reserve will be cautious with further policy easing. If the economy progresses as expected,
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Brandon Bell | Getty Images News | Getty Images As Inauguration Day nears, investors are trying to unravel what booms or busts lay ahead under President-elect Donald Trump. Trump’s campaign promises — from tariffs to mass deportations, tax cuts and deregulation — and his picks to lead federal agencies suggest both risks and rewards for
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House Appropriations Chair Rep. Tom Cole, R-Okla., said disaster aid may be included in a short-term government funding bill this year.Al Drago/Bloomberg News Lawmakers will return to Capitol Hill next week to wrap up the 118th Congress with must-pass government funding and national defense authorization bills and fresh disaster funds on tap. The lame-duck session ending
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“Emergency relief funding is not just about repairing infrastructure, it’s about ensuring that transportation remains a critical support system for communities rebuilding after devastating natural disasters,” said Paul P. Skoutelas, APTA President and CEO. ”This funding is critical now more than ever, as climate-driven disasters increase in intensity and frequency. Congress must act swiftly to provide
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Bloomberg News The Securities and Exchange Commission more than doubled the number of municipal market enforcement filings in fiscal year 2024 from fiscal 2023, in a year that saw 583 total enforcement actions and a record-breaking $8.2 billion in financial remedies ordered. Despite the great sum of financial remedies, the 583 enforcement actions represent a
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is chief economist of the International Center for Law & Economics and writes the Economic Forces blog Donald Trump has promised a renewed push for tariffs when he returns to the White House.
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<img src=”https://public.flourish.studio/visualisation/20477360/thumbnail” width=”100%” alt=”chart visualization” /> Muni yields fell Monday, following a U.S. Treasury rally, while equities ended up as market participants signaled their confidence in President-elect Donald Trump’s pick for U.S. Treasury Secretary. Muni yields were bumped up to seven basis points, depending on the scale, while USTs rallied up to 15, with both
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Congress passed the Financial Data Transparency Act of 2022 as a means of modernizing and improving the organization, readability and availability of financial information collected by certain federal agencies (i.e., the Securities and Exchange Commission, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the Consumer Financial
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US dollar weakened and Treasuries rallied on Monday as the nomination of Scott Bessent as Treasury secretary eased investor fears over president-elect Donald Trump’s trade tariff plans. The dollar index, which tracks a basket
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Russia’s armed forces have recruited hundreds of Yemeni men to fight in Ukraine, brought by a shadowy trafficking operation that highlights the growing links between Moscow and the Houthi rebel group. Yemeni recruits who travelled to Russia told the Financial Times they were promised high salaried employment and even Russian citizenship. When they arrived with
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Funds managed by Goldman Sachs will write off almost $900mn after Swedish battery maker Northvolt filed for Chapter 11 bankruptcy this week.  Goldman’s private equity funds have at least $896mn in exposure to Northvolt, making
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In this article HSIC Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Company: Henry Schein (HSIC) Business: Henry Schein is a solutions company for health care. It operates through two segments: health care distribution, and technology and value-added services. The health care distribution segment distributes an array
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